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Midwest City Retail Opportunity

400 S Air Depot Boulevard, Midwest City, OK 73110

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For Sale

$400,000

SINGLE_FAMILY - Midwest City, OK

Type:Retail

Property size:

1,978 SF

Lot size:

0.57 Acres

Price / SF:

$202/SF

HighLights

Prime location on major arterial with high traffic (20k+ vehicles daily).
Zoned C‑3 with special use permit for liquor sales.
Parking for 30+ vehicles, including 16 covered spaces.
Existing drive‑thru and pole sign.
Bonus 888sqft MOL dry basement for back‑stock.
Shelving/racking included with the property.

We can help!

Listing Contact

Craig Ahrens

For Sale

$400,000

SINGLE_FAMILY - Midwest City, OK

Type:Retail

Property size:

1,978 SF

Lot size:

0.57 Acres

Price / SF:

$202/SF

Added:: Apr 18, 2026
Days on Market:: 61
Last Refresh:: Jun 17 at 12:06 pm

Property Features for 400 S Air Depot Boulevard

General Information

Property type: Residential
Property subtype: Retail
Zoning: Commercial
Standard status: Active
APN: 400SAirDepot73110
Size: 1,978 SF
Lot size: 0.57 Acres

Utilities

Sewer type: Public Sewer
Heating system: Electric (Heating)
Cooling system: Electric, Central Air
Water source: Public

Building Details

Year built: 1968
Floors in Building: 1
Building materials: Concrete, Metal Siding

We can help!

Listing Contact

Craig Ahrens

Listing agent Craig Ahrens License #146322

Listing office Dean Lemons & Associates 1145 W I-240 Service RD, Oklahoma City, OK

Listing date Apr 18, 2026

MLS# 1224053

HighLights

Prime location on major arterial with high traffic (20k+ vehicles daily).
Zoned C‑3 with special use permit for liquor sales.
Parking for 30+ vehicles, including 16 covered spaces.
Existing drive‑thru and pole sign.
Bonus 888sqft MOL dry basement for back‑stock.
Shelving/racking included with the property.

Overview

Located on a major north-south arterial in Midwest City, this commercial property benefits from high traffic, with data indicating over 20,000 vehicles daily. Zoned C-3, the property includes a special use permit for liquor sales and is conveniently located near Tinker AFB. Parking is available for over 30 vehicles, including 16 covered spaces, and a pole sign is present. The building features a drive-thru. The current configuration includes approximately 1126 square feet of sales floor space, with an additional 180 square feet separated by a faux wall that could be removed to expand the showroom area to around 1,300 square feet. There are two small office areas totaling approximately 179 square feet. A refrigeration unit is present but not currently operable. The property also includes an 888-square-foot dry basement space, not shown on county records, suitable for use as a back-stock room. All shelving and racking are included with the property. The lot size is 0.569 acres, and the total property size is 1978 square feet. The property is located at 400 S Air Depot Boulevard, Midwest City, OK 73110.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$33.0k	$16.68
− Vacancy	−$3.2k	−$1.60
EGI	$29.8k	$15.08
− OpEx	−$8.9k	−$4.52
NOI	$20.9k	$10.56

1,978 SF · lease $16.68/SF/yr · vacancy 9.60% · expense 30.00%

Alternative Uses

Best Use

Retail

$298.3K

$261.0K – $348.0K (±1% cap)

NOI $20,878 @ 7.0% cap · market cap 5.22%

Second Best

—

no second resolved use

Theoretical Best

Office A

$412.0K

$360.5K – $480.7K (±1% cap)

NOI $28,839 @ 7.0% cap · market cap 7.21%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Location Insight

Map
Local Demand

City: Midwest City
County: Oklahoma
State: Oklahoma
Longitude: -97.406058
Latitude: 35.460858

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For sale
Retail space
OK
Midwest City
73110
400 S Air Depot Boulevard

What type of property is this?

Retail space - Retail space with high traffic and special use permit.

Where is this retail space located?

The property is located at 400 S Air Depot Boulevard Midwest City, OK.

What is the asking price?

The asking price for this property is $400,000.

What are key features of this property?

This property features: Prime location on major arterial with high traffic (20k+ vehicles daily).; Zoned C‑3 with special use permit for liquor sales.; Parking for 30+ vehicles, including 16 covered spaces.

400 S Air Depot Boulevard, Midwest City, OK 73110

SINGLE_FAMILY - Midwest City, OK

Property Features for 400 S Air Depot Boulevard

General Information

Utilities

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Retail

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

High-Visibility Retail Redevelopment Opportunity

Premium Duplex Office Space

Occupied Retail Center Near Air Force Base

NNN Restaurant with Corporate Guarantee

Mixed-Use Retail/Office Asset For Sale

Medical Office Space in Midwest

Birthing Center Near Saint Anthony

Retail Center Near Tinker AFB

Freestanding Restaurant Property

Fully Occupied Retail Property

Medical Office Building For Sale

Premier Retail Strip Investment Opportunity

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